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Home » Topics » IMFnews » Servicing

Servicing
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As More MSR Packages Hit the Market, A New Concern Develops...

February 3, 2021
Paul Muolo

Investment bankers that work in the trenches fear that pent-up selling in the first quarter could lead to a mad rush for the exit...


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Mortgage Gripes Decline in 4Q20 but Rise for the Year

February 3, 2021
Lisa Burden

The sole category that saw an increase on a sequential basis was loan closings, which registered a 2.1% rise.


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BlackRock Increases Its Position in Rocket. Meaning?

February 2, 2021
Paul Muolo

BlackRock places a bullish bet on the nation's number-one lender...


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The California ‘CFPB’ Makes Its Presence Known, Quickly

February 2, 2021
Lisa Burden

DFPI Commissioner Manuel Alvarez: “We take our expanded responsibility very seriously and are moving swiftly to ensure debt collectors do not violate the rights of California consumers.”


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A Sign of the Times: VA Servicing Continues to Gain Ground

February 2, 2021
John Bancroft

The volume of FHA loans was down 4.2% for the year, including a 1.8% drop from the third to the fourth quarter. But at $1.114 trillion, FHA loans continued to represent the dominant slice of the Ginnie pie...


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Tech-Focused Valon Raises $50 Million, Has Huge MSR Growth Plans

February 2, 2021
Brandon Ivey

Valon, formerly known as Peach Street, plans to use the funds to hire and acquire...


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Forbearance Exits at Slowest Pace Ever

February 1, 2021
Paul Muolo

Servicers are buying delinquent FHA/VA mortgages out of Ginnie MBS pools, placing the notes in portfolio as part of a reclamation strategy.


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‘Highly Reputable’ Originator Offers Flow Deal That Could Top Almost $34B

February 1, 2021
Paul Muolo

IMA says the seller is a "well-capitalized independent mortgage bank with very experienced leadership"...


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Short Takes: Home Point Downsizes IPO / Former Freddie CEO Joins Commercial Mortgage Lender / Forbearance Reading Increases / Dynex Raises Cash

January 29, 2021
Brandon Ivey

Home Point planned to sell 12.5 million shares at as much as $21 per share but the nonbank lender ended up with a smaller IPO.


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Liquidations of Loans from Ginnie MBS Up Sharply in 2020

January 29, 2021
John Bancroft

Liquidations of loans from Ginnie Mae MBS nearly doubled in 2020 on an annual basis.


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Latest Imf News

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Featured Data

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